Property: 728.23+/- acres Farmland / 611.14+/- Cropland acres. This highly productive cotton and grain farm is located north of the city of Indianola in the central Mississippi Delta. The farm offers excellent yield history with quality soils and county road access. The farm is approximately 65% irrigated, 33% land formed and 84% cultivated. The area supports a good concentration of quality cotton and grain farmers. There is a nice home located on the property with a small shed building, recreational hunting opportunities for deer and duck hunting existing on the farm with the woodland & wetland acres.
Location: Sunflower County Mississippi near the community of Boyer
Soils: 72% NRCS Class I & II / 28% NRCS Class III or below
Improvements: 5 submersible wells & 1 center pivot, Nice family home and storage buildings.
Crop Base: Cotton 400.5 ac w/ 647# payment yield
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Soybean: 115.6 ac w/ 16 bu payment yield
Wheat: 43.6 ac w/ 38 bu payment yield
Estimated taxes: $7,418.00
Existing Lease: Gross annual total $75,275.00 per year / $41,654.00 annual cash with $33,654.00 in annual improvements over the 4 year term of the lease. Expiration 11/31/2017
Price: $2,540,000.00 / seller will consider removing home and acres (6+/-ac) associated with the home from the total package.
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